Reply #5: I guess the price of OIL didn't have anything to do with the economic crisis, either.

[AndyA]

People were forced to pay incredibly high prices for gasoline so they could go to work. This put a huge strain on their budget, which no doubt helped a few homeowners go into default on their mortgages. After all, you do HAVE TO GO TO WORK if you have any hope of paying ANYTHING.

Oversight of the mortgage and banking industries could have prevented the current situation. Regulation is not always a bad thing.

Not allowing the free market to kill off American manufacturing, and millions of jobs along with it, would have also gone a long way to head off our current sorry state.

And as for that "bad analysis" in the lead up to the war in Iraq, FUCK YOU, BUSH. There is a lot of evidence to show that you KNEW it was bad before you invaded a sovereign nation. In a case such as this, you default to the side of caution. (If you're sane.)

George W. Bush: WORST. PRESIDENT. EVER.
NEVER, EVER AGAIN!